Duplex with 2023
For Sale
$254,900
8043 PUFFIN Drive, Orlando, FL 32825
MULTI_FAMILY - ORLANDO, FL
Property Size952 SF
Lot Size0.09 Acres
Price / SF$267.75
Days on Market72
Property Features for 8043 PUFFIN Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bathroom 1
Interior features
Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Exterior features
Private Yard
Appliances
Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
Subdivision
QUAIL HOLLOW AT RIO PINAR
Directions
From the intersection of Colonial Dr (50) and Chickasaw Dr, go s on Chickasaw, R on Turkey Ln, L on Quail Hollow, R on Puffin. Property is on right
Standard status
Active
APN
35-22-30-7271-01-071
Size
952 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
QUAIL HOLLOW AT RIO PINAR 5/1 THE E 37.5FT OF LOT 7 BLK A
Tax Annual Amount
2064
Legal Description
QUAIL HOLLOW AT RIO PINAR 5/1 THE E 37.5FT OF LOT 7 BLK A
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Flooring type
Vinyl
Building materials
Block, Concrete
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Maria Zegarra
(689) 249-5667
Added: May 28
Changed: Aug 1
Last Checked: Aug 7 at 12:06AM
MLS# O6403465
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex is set up for comfortable day-to-day living, with an open floorplan connecting the kitchen and living area. The home includes two bedrooms and one bathroom, vinyl flooring, and interior features such as ceiling fans, a thermostat, and window treatments. The kitchen is equipped with solid wood cabinets, stone counters, and appliances including a cooktop, dishwasher, disposal, microwave, and refrigerator. Central air and an electric heating system support year-round comfort. Exterior improvements include a 2023 shingle roof, along with renovated flooring, fresh interior and exterior paint, modern lighting, ceiling fans, updated kitchen cabinets, and newer appliances. The backyard is fully fenced and offered as a private yard.
The property sits on a 0.09-acre lot and is served by public water and public sewer. Construction materials are block and concrete. Zoning is R-2, and the property has no HOA and no CDD. Cable is available, and the listing notes electric water heating.
Connectivity is supported by quick access to major roads including Colonial Drive, Chickasaw Trail, and SR-408, providing convenient routes to area destinations.
The property sits on a 0.09-acre lot and is served by public water and public sewer. Construction materials are block and concrete. Zoning is R-2, and the property has no HOA and no CDD. Cable is available, and the listing notes electric water heating.
Connectivity is supported by quick access to major roads including Colonial Drive, Chickasaw Trail, and SR-408, providing convenient routes to area destinations.
Key Highlights
- 2023 shingle roof with renovation updates including fresh paint, modern lighting, and newer appliances
- No HOA and no CDD
- R‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,018
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$220,360
$220.4K
Cap Rate 7%
$157,400
$157.4K
Cap Rate 9%
$122,422
$122.4K
Market Conditions
NOI Build-Up for 952 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$16.8K $17.64/SF
− Vacancy
−$1.1K −$1.11/SF
EGI
$15.7K $16.53/SF
− OpEx
−$4.7K −$4.96/SF
NOI
$11.0K $11.57/SF
Area
ZIP 32825
Vacancy
6.27%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$220,360
Cap Rate 7%
$157,400
Cap Rate 9%
$122,422
Alternative Uses
Best Use
Multifamily LT 5
$157.4K
$137.7K – $183.6K
NOI $11,018 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$148.4K
$129.8K – $173.1K
NOI $10,387 @ 7.0% cap · market cap 4.07%
Theoretical Best
Specialty Retail
$279.6K
$244.7K – $326.2K
NOI $19,573 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 32825, FL
61,755
Population
22,360
Households
2.8
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
18.4 sq mi
ZIP Area
3,356
Density / Sq Mi
$79,942
Median Household Income
$37,957
Median Earnings
$1,738
Median Rent
$327,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a fenced, private yard with a 2023 roof, central air, and R-2 zoning.
Where is this duplex located?
The property is located at 8043 PUFFIN Drive Orlando, FL.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: 2023 shingle roof with renovation updates including fresh paint, modern lighting, and newer appliances; No HOA and no CDD; R‑2 zoning
